Harbour Trade Center
2, Gat Lebuh Macallum, 10300 George Town, Pulau Pinang, Malaysia
2, Gat Lebuh Macallum, 10300 George Town, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 250,000
|
RM 290
|
861 sqft
|
|
|
|
Level 2
|
RM 230,000
|
RM 270
|
850 sqft
|
|
|
|
Level 1
|
RM 300,000
|
RM 353
|
850 sqft
|
|
|
|
Level 3
|
RM 200,000
|
RM 235
|
850 sqft
|
|
|
|
Level 4
|
RM 225,000
|
RM 261
|
861 sqft
|
|
|
Level 7
|
RM 250,000
|
RM 252
|
990 sqft
|
|
|
|
Level 6
|
RM 225,000
|
RM 227
|
990 sqft
|
|
|
|
Level 6
|
RM 215,000
|
RM 217
|
990 sqft
|
|
|
|
Level 5
|
RM 160,000
|
RM 162
|
990 sqft
|
|
|
|
Level 7
|
RM 205,000
|
RM 209
|
980 sqft
|
|
|
Level 5
|
RM 303,000
|
RM 147
|
2,056 sqft
|
|
|
|
Level 2
|
RM 310,000
|
RM 150
|
2,067 sqft
|
|
|
|
Level 3
|
RM 310,000
|
RM 150
|
2,067 sqft
|
|
|
Level 6
|
RM 400,000
|
RM 161
|
2,486 sqft
|
|
Office |
|
Level 1
|
RM 1,450,000
|
RM 581
|
2,497 sqft
|
|
Shop |
|
Level 6
|
RM 450,000
|
RM 181
|
2,486 sqft
|
|
Office |
|
Level 3
|
RM 420,000
|
RM 169
|
2,486 sqft
|
|
Office |
|
Level 5
|
RM 367,000
|
RM 148
|
2,486 sqft
|
|
Office |
|
Level 5
|
RM 380,000
|
RM 153
|
2,476 sqft
|
|
Office |
|
Level 1
|
RM 1,160,000
|
RM 224
|
5,188 sqft
|
|
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Market Snapshot
CommercialRM 310,000
RM 209 psfMedian transaction price
2, Gat Lebuh Macallum, 10300 George Town, Pulau Pinang, Malaysia
MapsHarbour Trade Center in Timur Laut, Penang recorded 27 subsale transactions between 2021 and 2026, with a median price of RM 310K and a median price per square foot (PSF) of RM 217.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 310K, with most transactions falling within a stable range of RM 240K to RM 380K, and a typical market range of RM 242K to RM 378K.
Most transactions involved office lot, with minimal variety in property types.
Price per square foot shows a median of RM 217, though individual units vary from RM 170 to RM 264 in the core range. The broader market spans RM 176.11 to RM 258.11, indicating diverse property characteristics. The spread of RM 82.00 (IQR) and deviation of RM 47 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.